Category: Weekly Market Report

FIXED INCOME MARKETS MONEY MARKETS Despite the multiple auctions held throughout the week, system liquidity remained in surplus. This was primarily due to the minimal size allotted at the auctions,…

FIXED INCOME MARKETS MONEY MARKETS System liquidity started the week with a surplus balance on Wednesday, mainly due to the early FAAC inflows. However, liquidity decreased to a negative balance…

FIXED INCOME MARKETS MONEY MARKETS Throughout the week, system liquidity remained negative, except for today, Friday. System liquidity opened at ₦132.75 billion, compared to -₦90.43 billion last week. The Open…

FIXED INCOME MARKETS MONEY MARKETS System liquidity alternated between surplus and deficit balances throughout the week. Overall, by the end of the week, system liquidity opened in a deficit at…

FIXED INCOME MARKETS MONEY MARKETS After starting the week with a negative balance, system liquidity improved mid-week due to inflows from FX Swap maturities. However, the OMO auction absorbed liquidity…

FIXED INCOME MARKETS MONEY MARKETS System liquidity remained tight for most of the week but improved on Friday to ₦170.43 billion from the -₦622.46 billion recorded the previous week. However,…

FIXED INCOME MARKETS MONEY MARKETS This week, system liquidity remained at negative levels and was further exacerbated by the FGN local bonds auction settlement of about ₦682.07 billion (Non-competitive allotment…

FIXED INCOME MARKETS MONEY MARKETS After a positive opening balance at the start of the week, the sale of ₦260.55 billion worth of OMO bills drained the system liquidity, resulting…

FIXED INCOME MARKETS MONEY MARKETS System liquidity consistently increased this week to open at a positive balance of ₦19.61 billion today, from -₦606.76 billion reported last week Friday. Overall, the…

FIXED INCOME MARKETS MONEY MARKETS Throughout the week, the overall liquidity in the system remained deficient due to an overallocation of treasury bills at the primary market. Notwithstanding, the liquidity…